March 12, 2024, is Equal Pay Day, and it's imperative to pay attention to the disparity in wage rates between men and women and the implications for retirement security.
March 12, 2024, is Equal Pay Day, and it's imperative to pay attention to the disparity in wage rates between men and women and the implications for retirement security.
National Poverty in America Awareness Month is observed every year in January. This observance aims to recognize the severe conditions of poverty that many people live in. It provides an opportunity to learn more about this social issue, raise awareness among others, and understand how everyone can help.
The Federal Reserve Report on Economic Well-Being of U.S. Households in 2022 indicates Americans' progress toward retirement savings goals declined. October is National Retirement Security Month, which encourages individuals to consider their retirement goals and take action to secure them. A Texas public employee pension system is ideal for guiding its annuitants through the process.
In an era defined by evolving workplace dynamics and a heightened focus on employee well-being, the 2023 Workplace Wellness Survey offers a comprehensive look into the well-being and retirement preparedness of employees in the United States. Employee Benefit Research Institute (EBRI) conducted this survey on financial well-being, employment-based health insurance, and retirement benefits in the workplace.
Are you ready for an unforgettable experience that combines professional development, networking opportunities, and the chance to celebrate three decades of excellence in pensions? Look no further than the Texas Association of Public Employee Retirement Systems (TEXPERS) 35th Anniversary Conference, set to take place from April 7 to 10, 2024, at the Hyatt Regency Dallas in Dallas, Texas.
Good news. Congress is avoiding a government shutdown, at least through Nov. 17. As news of a government shutdown captures headlines nationwide, it might seem like a distant issue for those entrusted with managing Texas public employee pension systems. After all, the daily operations of pension systems are largely independent of federal politics, right? Well, not quite. In this blog post, we'll explore why any potential government shutdown should concern trustees and administrators of public employee pension systems and why staying informed is crucial for safeguarding the financial futures of countless retirees.
Research papers and studies serve as a gateway to the latest advancements and trends in the field of public employee retirement systems. They provide access to cutting-edge knowledge, allowing trustees and administrators to stay ahead of the curve. By staying informed about the latest research, pension fund leaders can make informed decisions that can significantly impact the retirement systems they oversee. Through networking with its partner organizations plus the Association's investment, consultants, actuaries, vendors, and other service providers members and communicating with retirement and investment industry research groups, TEXPERS shares reports, research papers, briefs, and other documents with its members.
Congress raised the debt limit this year to prevent a government default. They are working to agree on next year's budget by Sept. 30.
Parents' Day, observed this year on Sunday, July 23, is a special occasion that allows us to express gratitude and appreciation for our parents' love, sacrifices, and guidance. While we often celebrate this day by showering them with gifts and affection, it is also an opportune time to reflect upon the significance of a secure retirement for our elderly parents. In this blog post, we will explore why Parents' Day serves as a timely reminder to prioritize and ensure our aging parents' financial well-being.
On June 29, the Texas Pension Board received updates on the recent progress and changes pension funds have made. The City of Midland and pension officials presented their case at the beginning of the meeting, and PRB staff actuary David Fee followed on with additional reports:
As members of the pensions and investments industry, we know that professional development is essential for staying current on trends and regulations. TEXPERS is proud to host its Summer Educational Forum in The Woodlands, Texas – an annual event designed to provide public employee retirement system administrators, board members, and other key stakeholders with the necessary tools and resources to maximize their professional growth. In this blog post, we'll discuss how you can make the most out of your experience at the conference and prepare for success!
In May 2023, Americans are invited to join in celebrating Older Americans Month – a time dedicated to recognizing the contributions of older Americans to our nation’s culture and society. U.S. population statistics show that the number of Americans age 65 and older is expected to double over the next 25 years – making it more important than ever for TEXPERS members to appreciate and value the contributions of this segment of our population. Join us as we explore why celebrating Older Americans Month is so important for all of us!
The author of a new brief from the Center for Retirement Research at Boston College finds that state and local pension plans should focus on stabilizing their pension debt as a share of the economy rather than full funding. The alternative of fully prefunding state and local pensions to maintain fiscal sustainability will mean big contribution hikes.
There is a bill on the Texas Senate Calendar for April 19 that relates to the fiduciary responsibilities of the governing bodies of public retirement systems in the state and their investment managers and proxy advisors.
House Committee on Pensions, Investment, and Financial Services members met on March 1 to discuss the Employee Retirement System and the Teacher Retirement System, among other topics.
The 88th Texas Legislative Session is in full swing, with lawmakers proposing and debating bills that could significantly impact public employee pension plans.
TEXPERS is holding Basic and Advanced training on Saturday, April 1, 2023, at the Austin Marriott Downtown, 304 E. Cesar Chavez St.
When you attend a pensions and investment conference, taking notes can be invaluable. Jotting down notes will help you remember topics and ideas for managing the secure retirement of your fund's annuitants.
As conference attendees, finding a convenient and comfortable place to stay can be difficult. Staying at the on-site hotel of a conference venue is more convenient than staying off-site.